Buy Now, Pay Later (BNPL)

Overview

Buy Now, Pay Later lets shoppers split purchases into 4 interest-free installments or longer financing plans. Offering BNPL at checkout typically increases average order value (AOV) by 15–40% and reduces checkout abandonment for high-ticket items. The three major providers — Klarna, Afterpay (Clearpay in UK), and Affirm — each have native integrations for Shopify, WooCommerce, and BigCommerce that require no custom code to install.

When to Use This Skill

• When AOV is in the $100–$3,000 range where installments meaningfully help conversion
• When analytics show customers abandoning checkout at the payment step due to price
• When competitors offer BNPL and it is becoming a category expectation (fashion, electronics, furniture)
• When adding BNPL to an existing Stripe integration (Klarna and Afterpay are available as Stripe payment methods)

Core Instructions

Step 1: Determine your platform and choose the right BNPL approach